Is Power Mech Proj. technically bullish or bearish?

As of 16 October 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the weekly and monthly MACD readings, which indicate bearish momentum. The Bollinger Bands and KST also reflect a mildly bearish outlook on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, this is overshadowed by the overall bearish indicators. The Dow Theory indicates no trend on the weekly chart and mildly bearish on the monthly, further supporting the bearish stance. Overall, the strength of the bearish sentiment is moderate, with key indicators consistently pointing to weakness in the stock's performance.